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the answer is: defensuve open market sale. Why? Chapter 16: Tools of Monetary policy 1. If the manager of the open market desk hears that

the answer is: defensuve open market sale. Why? image text in transcribed
Chapter 16: Tools of Monetary policy 1. If the manager of the open market desk hears that a snowstorm is about to strike New York City, making it difficult to present checks for payment there and so raising the float, what defensive open market operations will the manager undertake

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